A report from Yahoo Money. "About 270,000 homebuyers who bought during the red-hot housing market this year already owe more than their house is worth, a new analysis found. Among the 450,000 underwater borrowers in the third quarter, nearly 60%…
A report from Geek Wire. "'We’ve tied up hundreds of millions of dollars in houses that you yourself wouldn’t want to own right now,' Redfin CEO Glenn Kelman wrote. 'Even before its overhead expenses, the RedfinNow properties segment will likely…
A report from DS News. "'Homebuilders started scores of projects during the pandemic moving frenzy and are now stuck with a bunch of new houses that are hard to sell because mortgage rates have risen to 7%,' said Faith Floyd,…
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A weekend topic starting with WBZ-TV. "Rates on a 30-year mortgage are now more than double what they were at this time last year. It's just the latest impact Americans are feeling from inflation levels not seen in 40 years.…
https://www.youtube.com/watch?v=tizB9-tggyI https://www.youtube.com/watch?v=fccD0gXHib0 https://www.youtube.com/watch?v=PTPHbPyXtpk https://www.youtube.com/watch?v=5H5NWzoZ68s https://www.youtube.com/watch?v=gVRNa3hNqvY https://www.youtube.com/watch?v=vJWI9-v1BXA
A weekend topic starting with the Colorado Sun. "Back in 2015, the median sales price for a house in Colorado was $285,000, according to the Colorado Association of Realtors. Between January and September, the median price averaged $575,000. 'As you…
A report from Bankrate. "'California will be a prime target for price declines,' says Lawrence Yun, chief economist at the National Association of Realtors. 'It’s almost assured that expensive areas will go through some price adjustment.' The retreat in home…
A report from the Niagara Gazette in New York. "'The first sign of a housing boom came in April 2020,' said Jamie Yaman, the principal broker for Cortland-based Yaman Real Estate. 'That is a market we will never see again.…
https://www.youtube.com/watch?v=gKPpm-Xb7ew https://www.youtube.com/watch?v=N-qrDgNzj_0 https://www.youtube.com/watch?v=pJc8M3JK9vI https://www.youtube.com/watch?v=MZ0uR_7Qq-I https://www.youtube.com/watch?v=5cpT7Xu2jT8 https://www.youtube.com/watch?v=1b46gDCqBis https://www.youtube.com/watch?v=l2ZJRhyD4jQ https://www.youtube.com/watch?v=OdAFo36RYxE